Market

Qatar Central Bank Cuts Key Interest Rates by 25 Basis Points

Doha: Qatar Central Bank (QCB) announced on Wednesday that it has lowered its key lending, deposit, and repo rates by 25 basis points, following an assessment of the country’s current monetary policy stance.

According to Qatar News Agency, in a stat…

Kuwait Central Bank Cuts Discount Rate

Kuwait city: The Central Bank of Kuwait has announced a 25-basis-point reduction in its discount rate, adjusting it to 3.50 percent, effective Thursday.

According to Qatar News Agency, the Central Bank stated that this decision is a result of its c…

Oil Prices Steady as Oversupply Concerns Ease

Doha: Oil prices were little changed on Wednesday as easing concerns over oversupply capped gains, while investors awaited developments in the Russian-Ukrainian peace talks. Brent crude futures rose 11 cents, or 0.2%, to $62.05 per barrel, while US We…

Japanese Stocks Hit New Record as TOPIX Reaches New Heights

Tokyo: The Japanese broad-market index TOPIX touched a record high on Wednesday before losing momentum, as investors awaited decisions by the Bank of Japan and the Federal Reserve (the US central bank).

According to Qatar News Agency, TOPIX reached …